Pyramid Technoplast IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP
Last Updated Date: Apr 24, 2023Let’s have a detailed review of the company and analytics of the Pyramid Technoplast IPO release date, IPO offer price, subscription, Pyramid Technoplast Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
| Face Value | Rs 10 |
| Price Band | Rs [●] |
| Listing At | BSE, NSE |
| Min. Order Quantity | NA Shares |
| Listing Date | NA |
| Offer for Sale | Rs Lakh |
| Fresh Issue | Rs Lakh |
| IPO Size | Rs Lakh |
| Tick Size | 1 |
Pyramid Technoplast IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
| Live Performance – Pyramid Technoplast Share Price |
Pyramid Technoplast IPO – Summary
They are an industrial packaging company engaged in the business of manufacturing polymer-based moulded products (Polymer Drums) mainly used by chemical, agrochemical, speciality chemical and pharmaceutical companies for their packaging requirements.
Also, they are one of the leading manufacturers of rigid Intermediate Bulk Containers (IBC) in India manufacturing 1,000 litre capacity IBC.IBCs are industrial-grade containers engineered for the mass handling, transport, and storage of liquids, semi-solids, pastes, or solids.
The Promoter of this company is BIJAYKUMAR AGARWAL, JAIPRAKASH AGARWAL AND YASH SYNTHETICS PRIVATE LIMITED. The lead manager of the issue is PNB INVESTMENT SERVICES LIMITED and FIRST OVERSEAS CAPITAL LIMITED, and the Registrar of this issue is BIG SHARE SERVICES PRIVATE LIMITED.
Pyramid Technoplast IPO Date
The opening and closing dates of Pyramid Technoplast IPO are not available yet.
Pyramid Technoplast IPO Subscription
| Day / Date | QIB | NII | RII | Total Subscription |
| 1st Day – | ||||
| 2nd Day – | ||||
| 3rd Day – | ||||
| Shares Offered or Net Issue |
The shares subscribed by the public will be updated here.
Pyramid Technoplast IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares are pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
Pyramid Technoplast Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
| Basis of Allotment Finalization | – |
| Refunds Initiation | – |
| Credit of Shares to Demat Account | – |
| Share Listing Date | – |
Pyramid Technoplast IPO Price Band
The face value of each share is Rs.10, but the price band of the IPO is Rs.[●]
Pyramid Technoplast IPO Equity Size
This Initial Public Issue of 92,20,000 Equity Shares of Rs.10 each for cash at a price of Rs.[●] per equity share aggregating to Rs.[●] Lakh.
Pyramid Technoplast IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of 55,00,000 Equity Shares of Rs.10/ each.
Issue Size: 92,20,000 Equity Shares of Rs.10 each, aggregating to Rs.[●] Lakh
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Pyramid Technoplast IPO – Live Performance
The listing date of this IPO is [●]. You can check the live performance of the IPO here, only after it is listed on exchanges.
| Live IPO Performance – Pyramid Technoplast Share Price |
Pyramid Technoplast IPO Grey Market Premium
The Pyramid Technoplast Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is Rs X.
Pyramid Technoplast IPO – Company Overview
They use blow moulding technology to manufacture Polymer Drums and IBCs. Injection moulding technology is used for manufacturing caps, closures, bungs, lids, handles, lugs, etc. for in-house use.
So, their products are marketed and sold under their brand name “Pyramid”.They startedcommercial production in the year 1998 in Unit I. Presently, they have six (6) strategically situated manufacturing units out of which four (4) are in Bharuch, GIDC and two (2) are situated at Silvassa.
The seventh (7) manufacturing unit is under construction at the Bharuch, GIDC adjacent to the existing six units. The total installed capacity of their Polymer Drum manufacturing units is 18,837 MTPA.
So, the total installed capacity of their IBC manufacturing unit is 3,240MTPA and the total installed capacity of their MS Drums unit is 3,600 MTPA.
Pyramid Technoplast IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
Financial Summary:
| Amount (in INR & Lakh) | ||||
| 30-Sep-22 | 31-Mar-22 | Mar-21 | 31-Mar-20 | |
| Total Assets |
20,285.58
|
18,375.61
|
15,345.55
|
12,520.35
|
| *Total Revenue |
23,686.17
|
40,264.15
|
31,617.63
|
26,014.02
|
| Total Expense |
21,482.87
|
36,748.37
|
29,329.75
|
25,224.30
|
| Profit After Tax |
1,574.22
|
2,614.61
|
1,699.24
|
555.02
|
Earnings per Equity Share (in Lakh)
| 30-Sep-22 | 31-Mar-22 | Mar-21 | 31-Mar-20 | |
| Basic & Diluted |
5.08
|
8.43
|
5.41
|
1.73
|
Further, their PAT for the period ended on Sep 30, 2022, March 31, 2022, March 31, 2021, and March 31, 2020, were Rs. 1,574.22 Lakh, Rs. 2,614.61 Lakh, Rs. 1,699.24 Lakh and Rs. 555.02 Lakh respectively.
Pyramid Technoplast IPO – Promoters
The Promoter of this company is:
- BIJAYKUMAR AGARWAL
- JAIPRAKASH AGARWAL
- YASH SYNTHETICS PRIVATE LIMITED
List of Related Parties (Key Managerial Personnel)
-
Bijaykumar Agarwal, Chairman and Managing Director
-
Jaiprakash Agarwal, Whole-time Director & Chief Financial Officer
-
Madhu Agarwal, Whole-time Director
-
Vandana Agarwal, Independent Director
-
Sudhir Varma, Independent Director
Pyramid Technoplast IPO – Promoters Holding
- Pre-Issue Share Holding – %
- Post-Issue Share Holding – %
Pyramid Technoplast IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to 92,20,000 Equity Shares aggregating up to Rs.[●] Lakh |
| of which: | |
| Issue Reserved for the Market Makers | Up to [●] Equity Shares aggregating up to Rs.[●] Lakh |
| Net Issue to the Public | Up to [●] Equity Shares aggregating up to Rs.[●] Lakh |
| Of which: | |
| Retail Investors Portion | Not less than [●] Equity Shares |
| Other than Retail Individual Investors | Not more than [●] Equity Shares |
| Equity Shares outstanding prior to the Issue | 3,12,84,800 Equity Shares |
| Equity Shares outstanding after the Issue | X Equity Shares |
Pyramid Technoplast IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
1. Repayment and/or pre-payment, in full or part, of certain outstanding borrowings availed by their Company;
2. Funding working capital requirements of their Company; and
3. General corporate purposes.
Pyramid Technoplast IPO – Business Strategy
-
Continued focus on IBC by expanding their existing facilities
-
Continued focus on Polymer Drums and MS drums
-
Explore organic growth opportunities to increase capacity and business.
- Exploit industry opportunities arising out of the current geopolitical situation and government policies
Pyramid Technoplast IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Diverse customer base
- Comprehensive product portfolio
- The strategic location of their manufacturing units.
- Quality Standard Certifications & Quality Tests
- Experienced Promoters and senior management team
The relevant quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-22 |
8.43
|
34.77
|
24.04
|
| 31-Mar-21 |
5.41
|
34.79
|
– |
| Mar-20 |
1.73
|
17.28
|
– |
Pyramid Technoplast IPO: Competitive Peers
| Face Value (Rs.) | P/E | EPS (Rs.) | Return on Net Worth (%) | Total Income (Rs. in Lakhs) | |
| Pyramid Technoplast Limited | 10 | [●] |
8.43
|
34.77%
|
40,041.57
|
| Listed Peers | |||||
|
Time Technoplast Limited
|
1 | [●] |
8.31
|
9.04%
|
3,65,280.00
|
|
TPL Plastech Limited
|
10 | [●] |
8.53
|
12.98%
|
22,874.41
|
|
Mold -Tek Packaging Limited
|
5 | [●] |
22.12
|
13.93%
|
63,303.55
|
Pyramid Technoplast IPO Lead Managers
| Lead Managers |
|
PNB INVESTMENT SERVICES LIMITED FIRST OVERSEAS CAPITAL LIMITED |
Pyramid Technoplast IPO Registrar to offer
| Registrar to the Offer |
| BIGSHARE SERVICES PRIVATE LIMITED Office No. S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East), Mumbai –400 093. Maharashtra, IndiaTelephone:+91 22 6263 8200Email:ipo@bigshareonline.com Investor grievance email:investor@bigshareonline.com Website:www.bigshareonline.com Contact Person: Babu RaphealC. SEBI Registration No.:INR000001385BID |
Pyramid Technoplast IPO – Other Details
- Statutory Auditor – Banka & Banka, Chartered Accountants
- Legal Counsel to the Company – Desai & Diwanji
- Bankers to the Company – HDFC Bank Limited, Axis Bank Limited, The Federal Bank Limited and Citibank N.A.
Pyramid Technoplast IPO Review by Stock Brokers
| Top Stock Brokers Review | Company Reputation | Competitive Edge | Financial Statement | Popularity Index | Promoters Reputation |
| Angel Broking | 7.5/10 | 7.4/10 | 8.5/10 | 8.1/10 | 7.1/10 |
| Sharekhan | 7.2/10 | 7.1/10 | 8.6/10 | 8.1/10 | 7.2/10 |
| Kotak Securities | 7.3/10 | 7.5/10 | 8.4/10 | 8.1/10 | 7.3/10 |
| ICICI Direct | 7.3/10 | 7.3/10 | 8.7/10 | 8.1/10 | 7.1/10 |
| IIFL | 7.5/10 | 7.2/10 | 8.8/10 | 8.0/10 | 7.1/10 |
| Edelweiss | 7.5/10 | 7.4/10 | 8.4/10 | 8.3/10 | 7.2/10 |
| Zerodha | 7.4/10 | 7.1/10 | 8.5/10 | 8.1/10 | 7.0/10 |
| 5Paisa | 7.1/10 | 7.1/10 | 8.4/10 | 8.1/10 | 7.1/10 |
| Karvy | 7.4/10 | 7.3/10 | 8.2/10 | 8.1/10 | 7.1/10 |
| Motilal Oswal | 7.1/10 | 7.1/10 | 8.6/10 | 8.3/10 | 7.2/10 |
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Pyramid Technoplast Limited IPO News
News 1 – IPO DRHP Download
News 2 – IPO RHP Prospectus Download
Pyramid Technoplast IPO Review FAQs
Check out various FAQs related to Pyramid Technoplast IPO:
What is the Issue Size of Pyramid Technoplast IPO?
The Company is making an initial public offer of 92,20,000 equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.
What is the Price band of Pyramid Technoplast IPO?
The price band for this particular IPO ranges between Rs NA. As far as the face value of the share is of concern, it is Rs. NA per share.
What is the Pyramid Technoplast IPO Open Date?
The opening and closing dates for this IPO have been updated. The IPO is set to open on NA, while the closing date is set at NA.
What is the Pyramid Technoplast IPO Allotment Date?
They also have the news regarding the respective allotment dates of this IPO. The basis of Allotment finalization is on NA, refund initiation is on NA, credit of shares is on NA, and share listing date is on NA.
What is the Pyramid Technoplast IPO Listing Date?
Shares of this company shall be listed in the exchanges NA. The date, when the listing would be done, is stagnant on NA.
Who is the Registrar of Pyramid Technoplast IPO?
One of the reputed registrars is managing the issue of this IPO, i.e. BIGSHARE SERVICES PRIVATE LIMITED. Their website will help you regarding the further information you are on the lookout for.
Who is the Promoter of Pyramid Technoplast IPO?
Here are the promoters of this IPO – BIJAYKUMAR AGARWAL, JAIPRAKASH AGARWAL AND YASH SYNTHETICS PRIVATE LIMITED. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
What is the GMP of Pyramid Technoplast IPO?
They have obtained the GMP of this IPO and it is Rs NA. Further insights into the Kostak rate and subject to sauda or SS are as well included in this report.
Is Pyramid Technoplast IPO Good for Investment?
They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
What is the PAT of Pyramid Technoplast Company?
They have the information on company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2022 in Lakh is 2,614.61, 2021 is 1,699.24, and 2020 is 555.02. PAT from Sep 2022 is 1,574.22.
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